XXXVII, No 3, 04/02/2019

Israel sees increase in counterpurchases

Counterpurchase obligations levied by Israel on foreign contractors totalled NIS13.5bn ($3.68bn) in 2018, up 56 percent compared to 2017. The Industrial Cooperation Authority says that some 1,065 Israeli companies enjoyed benefits from the country’s industrial cooperation program in 2018, some 243 companies more than in 2017.